November 2025 Poll
Do you believe the November 4 Federal Budget addressed the key financial issues your clients need to see from their Finance Department and the CRA?Child Fitness Amount: Small Improvements but Welcome Relief
Our sons participated with gusto in many sports: hockey, lacrosse, soccer and marathon running. In the chief role of road warriors, we charioted cherubs from one sportsplex to another. These activities provided physical, social, team and leadership skills that continue to be priceless, despite the often exorbitant price tag.
Case Dismissed: Due Diligence in Failure to Report Income
Tax and financial advisors take note: Within its reasons for judgment in a recent case, the Tax Court of Canada (TCC) has made some interesting comments about the due diligence defence as it pertains to subsection 163(1) of the Income Tax Act, and about how this defence can be successfully used in the context of a penalty under subsection 163(1).
Market Volatility Requires a Risk Management Strategy
We experienced another enormous market swoon this week; as reported by various media, the Dow Jones Industrial Average (DJIA) dropped almost 1100 points on Monday, charting the largest ever drop in the markets and closing 600 points down in its worst trading day since 2011.
Mark Your Calendar: Advanced Family Business & Year-End Planning Workshop
Advisors who work with corporate clients, real estate holders and high net worth individuals will want to sharpen their knowledge in advanced tax, retirement, succession and estate planning strategies by hearing Canada’s leading experts on the subjects starting the last week of October.
Tune in to KBR next week for our Breaking News Issue…
On September 2, make sure you check out our Breaking News Issue of Knowledge Bureau Report.
Seven Great Ways to Fund Your Child’s Education, First of Two Parts
Average undergraduate tuition fees have risen to just under $6000 a year in Canada since 2010; an increase of 16% in just five years.
